<p>Tyson Foods, Inc. (NYSE: TSN) reported better-than-expected quarterly earnings Monday as the meat processor booked a profit of $249 million, or 69 cents a share, up from $76 million, or 22 cents a share, a year earlier.</p><p>As of 10:00 a.m. Eastern, shares of Tyson Foods were up 4.07 percent to $29.67 in morning trade.</p><p>U.S. stocked edged lower at the open on Monday, after Wall Street ended modestly higher in the previous session, as the S&P 500 and Dow hit new closing highs.</p><p>However, last week's highly anticipated jobs report for July came in worse-than-expected on Friday, with 162,000 non-farm payroll jobs created, down from 188,000 in June.</p><p>On the economic calendar, data showed the U.S. service sector expanded more than expected in July, as the index came in at 56.0 for the month, up from 52.2 in June.</p><p>The Dallas Federal Reserve President Richard Fisher will speak on the U.S. economy at 11:45 a.m.</p><p>As of 10:02 a.m. Eastern, the Dow Jones Industrial Average fell 51.92 points, or 0.33 percent, to 15,606.44. The S&P 500 Index was down 3.05 points, or 0.18 percent, to 1,706.62. The Nasdaq Composite Index fell 1.72 points, or 0.05 percent, to 3,687.87.</p>
